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QTP doesn\'t respond while spying on Activex object

We have one application which has .NET controls such as(checkbox,dropdown,link) and one Activex Spreasheet object embedded which is similar to excel sheet.
Whenever I try to spy on the Activex contorl, QTP and then whole system altogether stops responding. I have to hard boot the systems again.
I have tried adding following add-ins-
1. Activex+.Net+Web- QTP Identifies .NET control but stops repsonding whenever pointer is on Activex control
2. .NET+Web- Activex is identified as WinObject
3. only Activex- Same repsonse as that of first step.